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Search Results 0 to 49 of about 1,195 (some duplicates have been removed)
>> with just 10 days until it is time to pull the lever, the economy is not in full recovery mode. the president is pulling out a 20 page pamphlet that he said will bring the economy back. but if you look inside there is new spending from teachers and infrastructure and energy investments and it is a stimulus plan that will not work. so is this the right or wrong plan to get america working again? hi, everybody. welcome to forbes on fox and go with steve forbes and rick unger and elizabeth mcdonald and john. >> right or wrong policy for america? >> it is a doctor bleeding the patient. it will not cure the patient but make it worse. it takes resources and will cost jobs and every job created with that means two or fewer job private sector. that will not make the economy come back. >> rick, the new economic patriotism. does it mean i am unpatriotic if i don't agree with this. >> i don't think so. >> don't like patriotism with economic plan. >> if you are going to get behind the country you need to get behind some of the thing in the plan. most particularly i like the infrastructure
nominee. while the editors praise president obama's early efforts to revitalize the economy through his stimulus plan, it concluded his record on the economy the past four years does not suggest he would lead in the direction the nation must go in the next four years. joining me now for the politics of weather and everything else is obama campaign senior advisor david axelrod. good morning, david. let me start here with the storm. when you look at virginia where this is likely to be the swing state most affected, does anything worry you about that state being more or less paralyzed by weather for a couple three, four days? >> well, the first thing i think we should say is we're most concerned about people. this storm could affect 50 million americans. the president has been in close contact with fema and dhs and all the agencies that have responsibility here to make sure we're doing everything we can for people, and that's what he is going to continue to do throughout this -- throughout this storm, and in terms of how it affects the election, i don't think anybody really knows. obviousl
benghazi but let that go. we're in the global economy that the new world order which was brought in by the first george bush signed into law by clinton so this is bipartisan, that is our economy and we wrote the rules as far as a global economy for the world to follow and now others are following it. so when we talk about shipping jobs overseas and things of that nature, that is the game. we can't move the goal post, we wrote the rules. and i'll close on the great city of detroit, when we talk about the bailout and which way it should go or bain capital. people have to realize, they have to understand that most of general motors jobs are now presently overseas and the head of general motors who took all the money is now crying that 7.5 million in pay is not enough. the united auto workers are still at entry level being hired in at over $19 an hour that's their pay but their total compensation with healthcare and bonuses comes out to $55 an hour. host: talk to us about the economic situation particularly in mecklenburg county and in charlotte which is a big banking center. guest:
the economy at 2:45 p.m. and look for earnings from mcgraw hill, thomson reuters, "washington post," good lord, madison square garden, the maker of bubble wrap. there's one one to watch. >> who doesn't like bubble wrap. still to come on the program, we'll take a look at what tuesday's election means for america's chances for falling off the fiscal cliff. >>> greece's coalition government on shaky ground. quit because of a scandal over a published list of suspected tax evaders. it they're putting on a unified front before a key vote on austerity measures. >> royal bank of scott land has had a loss of just over 1.4 billion pounds mainly due to a clarm on his own debt. the lender has increased its compensation provision by 400 million pounds and will soon enter negotiations to settle libor investigations. it's also likely to be hit. they reiterated the banking industry must make major changes to it culture. >> i guess in general banks didn't live up to the standards of integrity and have the right cultures. so we're paying some of the sins for that. >> some of the world's biggest banks, more capi
. and $50 billion in losses. and now for some good news for the economy. the president's re-election campaign. the economy beat a consensus of economists expectations added 184,000 new jobs last month and the private sector while it shed 13,000 public sector jobs, netting out a gain of 171,000 jobs. and revised employment reports forage and september added another 84,000. givingunemployment is higher, giving mitt romney a talking point. >> unemployment today is higher than on the day barack obama took office. >> eliot: what he didn't say was that the economy was losing 800,000 jobs a month when obama took office. during his term the economy added millions of jobs. professor at us berkeley goldman school of public policy and author of "beyond outrage: what has gone wrong with our economy and our democracy and how to fix it." hello, mr. secretary. >> hello eliot. >> eliot: there was a massive conspiracy that the economy was picking up steam. do you think the numbers prove there is an accelerating fact that there improvement. >> the reason why unemployment ticked up was because
of the "wall street journal," economy grows at 2% pace. consumers, government spending, powered third-quarter gains, but growth likely to slow down. and that's what we want to talk to you about for the first 45 minutes of this edition of the "washington journal." good morning. today is saturday, october 27. we want to talk to you about your optimism or pessimism about the economy. things getting better? things getting worse? are you doing all right? could you be doing better? we want to talk to you about the economy, your optimism, and your pessimism in terms of your personal economy and not necessarily how you feel the candidates will do, what they might do for the economy once they get elected. 202-585-3881 for republicans. for democrats, 202-585-3880. for independents, 202-585-3882. and you can also reach out to us via social media. the address on twitter, @spanwj. facebook.com/cspan. and email, journal@c-span.org. more from the article this morning from the "wall street journal," economy grows at 2% pace. josh mitchell and refugee write -- -- and jeffrey write -- host: we'll take
u.s. economy picks up steam thanks to sp. ding by consumers and the government. >> susie: i'm susie gharib. we take you to a wells fargo event in chicago, where housing grants could turn renters into buyers. >> tom: then, from tax hikes to corporate earnings worries,o tonight's "market monitor" guest says investors are facing a cliff of concern. robert stovall of wood asset manament joins us. >> susie: that and more tonight on "n.b.r."!me >> tom: the u.s. economy actually sped up in the third quarter, surprising economists and maybe you too. thanks to a pick-up in spending by conumers, the federal government and the housing c sector, the gross domestic product grew at a 2% annual rate in july through september. that 2% pace was stronger than expected and much better than what the economy experienced in the second quarter. suzanne pratt takes a closer look at the data and what it suggests about the economy the final months of this year. >> reporter: an economy growing at a 2% annual rate is hardly anything to celebrate. sure it could've been worse. but, clearly at three-years post gr
of wood asset management joins us. >> susie: that and more tonight on "n.b.r."! >> tom: the u.s. economy actually sped up in the third quarter, surprising economists and maybe you too. thanks to a pick-up in spending by consumers, the federal government and the housing sector, the gross domestic product grew at a 2% annual rate in july through september. that 2% pace was stronger than expected and much better than what the economy experienced in the second quarter. suzanne pratt takes a closer look at the data and what it suggests about the economy in the final months of this year. >> reporter: an economy growing at a 2% annual rate is hardly anything to celebrate. sure it could've been worse. but, clearly at three-years post great recession, it should be a lot better. experts call it a side-ways economy, one that is unable to create enough jobs to bring down the nation's stubborn unemployment rate. but, people on the streets of new york have different takes on what a 2% economy means to them: >> it means first of all that anyone trying to look for employment is going have a tough time b
to get this economy soaring again. so who should you choose? we're hours from the election. these men are delivering closing arguments, making their final case for your vote. it's an election about the economy, so let's look at the evidence. jobs. president obama's argument, he's gained back every job lost under his watch. that's quite a feat, but romney says not good enough. >> we're going to create 12 million new jobs and more take-home pay. >> reporter: >> how is that possible, major economic growth. the economy grew at a 2% annual rate during the third quarter, better but not nearly enough to significantly boost hiring. romney will be much more than that to keep his jobs promise. how about housing. prices in some areas are rising, foreclosures slowing, but this is america and what will really get the economy going again is you. consumer spending rising, consumer confidence the best in four years. there's no doubt president obama inherited an economy in crisis, and his supporters will tell you he's turned things around. >> we have made real progress. >> his final argument, he deser
. what is the toll on businesses and economies? you see businesses in the affected area have no power. so they can't pay their bills. they can't do whatever their business is. i mean it's a big problem. >> it is a big problem. we've heard economists are all over the place. we heard anywhere from 20 upward to 50 billion in damages both from infrastructure as well as lost profits but it's going to take some time for business to get back on its feet. i think you heard mayor bloomberg earlier say, you know, new york is doing well but it took a direct hit and he is expecting it to take a couple weeks. melissa: the other source of fuel that we're watching, of course is gasoline. and the impact on refineries wasn't as great as some thought. there was only one refinery in new jersey that went down. at the same time we talked to some gas station owners experiencing supply shocks. what do you think is the fallout for supply? >> i think the good news unlike katrina, this will be more of a localized event. we lost billion two million barrels a day of refining capacity along the east coast. but, that'
to 36 hours to finish that job. you know, the economy is a huge issue in the election, and here in ohio, why are the people in the state with one of the lowest unemployment rates the most worried? some answers on cnn, next. hone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off of his phone. [ candidate ] and thanks to every young face i see out there. [ woman ] his phone is one of his biggest supporters. [ female announcer ] with cisco at the center... working together has never worked so well. try capzasin-hp. it penetrates deep to block pain signals for hours of relief. capzasin-hp. take the pain out of arthritis. >>> with just three days to go until vote issers head to the polls, a new jobs report has both sides taking sides. now companies hired 171,000 employees in october, that is more than any other time in the past eight months. but while hiring has increased, so has unemployment. that rate rose slightly to 7.9%, up from 8% in september.
's newshour. >> major funding for the pbs newshour has been provided by: ♪ ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy, productive life. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: an important snapshot of the country's economic growth was released today, a week and a half before the election. with positive, but still slow, improvement, the white house and the romney campaign offered different assessments. a late boost in consumer spending was a major factor in the economic news from the commerce department. gross domestic product-- the broadest gauge of the country's economic health-- grew at a 2% rate from july through september, slightly better than the 1.8% economists had predicted, and an improvement over the 1.3% growth in the previous qua
making closing arguments on an issue that's been front and center throughout the campaign. did an economy in need of a spark find one in october? u.s. employers across nearly all sectors were hiring, for a net gain of 171,000 new jobs. the labor department also revised its august and september figures higher, by 84,000. all told, it signaled slow but steady growth, and it was news that president obama wanted to play up in the campaign's final weekend, especially in one critical state. >> "oh (io), oh (io)" >> brown: the president made three stops in the buckeye state, starting in hilliard, just outside columbus. >> in 2008, we were in the middle of two wars and the worst economic crisis since the great depression. and today, our businesses have created nearly five and a half million new jobs. and this morning, we learned that companies hired more workers in october than at any time in the last eight months. ( applause ) >> brown: and the trend line seemed promising, as well. since july, the economy has added an average of 173,000 jobs per month, up from just 67,000 a month in the spring.
of japan steps in to boost the economy for a second straight month with another easing move. welcome back, everybody. one hour of the good stuff today. plenty to get through today for hurricane sandy, as well. >> europe went off daylight savings time a week ahead of the u.s. back to full schedule next week. in the meantime, sandy is no longer a hurricane by name, but still making a major impact. storm made landfall monday night along new jersey east koer. still packing hurricane force sandy is expected to weaken, but the rain could linger. already at least ten deaths have been blamed on the storm. u.s. markets will be closed for a second day today. still electronic trading. the last time by the way the new york stock exchange was closed for more than a day because of weather, 1888. when a snowstorm piled up to 40-foot drifts. u.s. refineries had to shut nearly all the east coast fuel supplies ahead of sandy and they'll begin assessing damage today. three of the key six refineries shut down. analysts estimate sandy could cost between $5 billion and $10 billion in ensured losses. it would b
, that it's actually a boost to the economy. is that going to be true in this case? >> well, no. this is a natural disaster. disasters are bad for the economy. obviously, the big hit to the economy initially, is what we're seing in new york. you do get rebuilding, and economy benefits from that, but net, net, the economy is in a worse place. natural disasters are bad for the economy, not good. >> susie: you heard in erica's remit some businesses are going to benefit, maybe hox*echl builders and cuk companies. if you look at the economy, who are the winners and losers in terms of various sectors? >> well, there's more losers than winners. the losers would be the restaurants, they're not going to serve meals that aren't getting served. airlines, trucking companies, you know, the casinos fnlt fshs services. the secretaried to and trading is shutownor a couple of days, never get that back. the winners are clear. the homebuilders, home improvement, you mentioned home depot and loews and hardware stores. online retailers might benefit because department stores are closed. so some winn
's jobs report is, quote, a sad reminder that the economy is at a virtual standstill. a standstill? we've had 32 straight months of private sector job growth. that's nearly 5 1/2 million jobs. president obama took us back from the brink of an economic catastrophe. that's leadership. that's a heck of a closing argument and what governor romney is offering doesn't even stand. joining me is krystaal ball and alicia menendez. krystal, will we look back and say that this is the week that decided this election? >> i think we will look back and say this is the week that he sealed the deal. if the president came into this week with a lead in the critical battleground states, he came in with a little bit of momentum, although things were relatively static. but i do think between the response to hurricane sandy, between the way that governor christie embraced him this week, mayor bloomberg's endorsement, the magazine endorsement and then the jobs number today i think sealed the deal. i think it's the critical piece. as we respond as a country to a natural disaster to a crisis situation, we reali
the economy added 171,000 jobs last month. the unemployment rate ticked up to 7.9%. here's what president obama said about these numbers this morning in ohio. >> today our businesses have created nearly 5.5 million new jobs, and this morning we learned that companies hired more workers in october than at any time in the last eight months. >> i want to talk about the economics and the politics of the report with our chief business correspondent ali velshi and john avalon. they're in ohio talking to the voters. ali, let's start with you since you have an economics, numbers guy here. >> yeah. >> we looked at this, and the economy stated by cnn money, they were twpg 125,000 jobs, so this number was higher at 171,000. so you have figures in august and september, also higher than we thought. what do we say about the overall growth and the health of the economy and the recovery? >> you and i talked about this before. i like the jobs creation or job loss numbers. the establishment survey more than i like the unemployment number. by the way, i feel the same way about it when it's low and when it's
vote for romney. 47% for obama. the pollsters asked who would better manage the economy. 52% said romney. 43% said obama. the election is decided by the number of electoral votes allotted to each state. there are 538 votes in the electoral college. abc news estimates obama is likely to win 217 of them, romney, 191. >>> syrian military commanders say they'll abide by a cease-fire during a muslim holiday over the weekend, but government and opposition forces have shown little sign of letting up in their fighting. >> united nations and arab league envoy organized the tuesday for the festival. government and opposition forces agree to lay down their arms from friday through monday. they agree to lay down arms from friday through monday, but arm commanders say they reserve the right to retaliate against rebel attacks. the head of the opposition forces military council says he's skeptical that government forces will stick to their word. >> the two sides kept up the fighting. several place as head of the truce. government forces are said to have reinforcements. neither side respected a c
is with us. and i want to start wu. burned out workers helping the economy. how does that work? >> if we live in utopia they would skip to work and share cookies on the coffee break. we are seeing even though people are in jobs they can't stand. myself not included. you go to work because you have pay the bills and keep your hosholted going. you are not quiting on yourself and that is part of the american drive that is keeping the going. >> is it good that 63 percent . workers feel stressed out and extreme fatigue. is that good for business? >> no, it is not good that americans are feeling stressed out. we are in bad economic times and have the lowest labor participate . 37 million americans are in poverty out there. but the fact that americans show up and go to work. it is what the greatest generation did in world war ii. i have been over to see what our soldiers are doing. times are tough and merrence are stressed and we have structurally high unemployment and america is not used to that. but americans show up to work and plow ahead. >> more americans say showing up to work is a number one
is at stake. it is a critical time for the country. we face challenges, massive debt, and an economy that is not putting our people to work. young people coming out of college can't find work. china, which is going to be a major economic power. it has been taking a lot of jobs from people in ohio, with radical violent jihadists. this is a big election about big things, and i am proud we are focusing on what we'll do to bring real chance to a country that needs it. we have a president today that -- has a different view about guesus being on the right track. my view is that this is a turning point for america. and those people who want change from day one will vote for paul ryan and myself. as i go across the country, i recognize that people don't want 23 million americans out of work, looking for a good job. they don't want administrations compftablfortable with trillion dollar deficits and kids not getting jobs out of college, and they don't like the gridlock in washington. over the coming days, i will talk to people across the country about what those changes look like. this is deta
's had since we've been in technical recovery, the economy grew 20%. obama has grown 7%. a third the strength of reagan's. job creation much higher under reagan. what did reagan do? all the things that romney and ryan are talking about. lower marginal tax rates. obama wants to raise them. less spending. obama added $5 trillion of debt. we're supposed to have 6% unemployment, according to obama, if he spent $5 trillion. that's not what we got. we know that obama's plan put us in the worst position, fewer people working. fewer people in the workforce. people have given up on job opportunities. very weak economic growth. >> you know, i think a lot of voters, too, are sort of frustrated by the lack of anybody in congress working to the. and john earlier you were talking about the severe partisanship. and some people point to you in this taxpayer protection pledge, which i have on me. i don't know if people can see it clearly. you have everyone sign for the house of reps, i pledge i will oppose any and all efforts to increase the marginal income tax to oppose any net reduction or elim
, and it is still all about the economy. so we'll start with a great panel to talk about the american economy. what is actually going on. >>> then, you've often heard that fracking is controversial. why? we have a debate to help you think it through. >>> and do you think you have enough money? what would be enough? we'll have a fascinating discussion on the subject with lord robert skidelsky, britain's most prominent economic historian on how to answer those questions. >>> and why in the world did the nation of mali get more mention this week in the foreign policy debate than all of japan, mexico, or europe? >>> first, my take. the international monetary fund's latest world economic outlook makes for gloomy reading. growth projections have been revised downward almost everywhere, especially in europe and the big emerging markets like china. yet when looking out over the next four years, coincidentally the next presidential term, the imf projects that the united states will be the strongest of the world's rich economies. u.s. growth is forecast to average 3%, much stronger than that was germany or f
, who would have thought it. case about the improving economy. >> in 2008 we were in the middle of two wars, and the worst economic crisis since the great depression. today our businesses have created nearly 5.5 million new jobs and this morning we learned companies hired more workers in october than at any time in the last eight months. >> with only four days left on the campaign trail, the candidates were all over the crucial state of ohio. president obama made three different stops today in that state. then out west to springfield, ohio. then he headed north to lima, ohio. mitt romney was not going to be outdone. here is a look at another romney campaign rock concert and victory rally outside cincinnati. romney was also in wisconsin this morning, portraying himself as the candidate of change? >> the question of this election comes down to this. do you want more of the same, or do you want real change? and we bring real change. >> do you want 32 more months of private sector job growth? romney sure has a funny way of showing change, doesn't he? take a look at romney's surrogates at t
a plan to get this economy going. >> paul: and joining the panel this week, wall street journal columnist and deputy editor dan henninger, political diary editor jason riley, james freeman and washington columnist kim strassel. >> any evidence that hurricane sandy is going to affect this race? >> i think, yes, i think it might, in the sense that -- i think one of the big elements in the race is the level of enthusiasm on both sides. my strong sense, paul, this is an enthusiasm deficit on the democratic side. >> paul: all the polls show that. >> all the polls show that and i think it's a going to be a determining factor, now, new jersey, new jersey, maryland, it isn't going to decide whether-- obama will win those states. his popular vote may be down, i think the hurricane is going to suppress the popularity vote. >> paul: dampen that. >> and i spoke to a pollster not working for the obama campaign and agreed with dan's sentiment, turnout was an issue for democrats, enthusiasm is down, but also says that he thinks this allowed obama, even though he missed some days on the campaign trail, a
Search Results 0 to 49 of about 1,195 (some duplicates have been removed)

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